Focus on these major news in October
1.10.4 Non-agricultural data, unemployment rate data. A low non-agricultural data is good news, a low unemployment rate is good news, and vice versa.
If the US CPI data on 2.10.10 reaches 2.2 as Powell said, it will definitely be a positive sign and interest rates may continue to be cut.
3.10.17 Retail sales growth is also quite important, reflecting the level of consumption.
Japan’s CPI data will be released on 4.10.18. If it is high, Japan is likely to raise interest rates.
5.10.30 US GDP data is released. If it is higher than 3, it means it is positive. If PCE is high, the probability of interest rate cuts decreases.
6. The Bank of Japan announced that interest rates are normal, and there is a high probability that it will raise interest rates.
Keep a close eye on the situation in the Middle East and oil prices.
Bitcoin is struggling to reach the 60,000 yuan mark, and it seems a bit powerless. The tension between Iran and Israel easily triggers panic among retail investors, which is enough to prove that the market lacks rationality.
The news has a very weak impact on the market, and it fell below the 60,000 line in the early morning, but it was pulled back. Although it has moved up, it is still very weak, and there is still room for decline on the daily and weekly lines. The four-hour has deviated from the running track of the Bollinger Bands, and the trend of the entire daily Bollinger Bands is generally downward. The non-agricultural data will be released. If the unemployment rate in September remains at 4.2 or lower, and the non-agricultural data is positive, the market may rise strongly.
At present, the pressure of the big cake is at 62,000, and the strong support is at 58,000;
After all, in early November, there will be good news of interest rate cuts and the stimulus of the US election. Keep spot positions or make moderate allocations, and do not rush. Be patient and wait. The bull market will come eventually, and the moment of victory is not far away.
Whenever the market pulls back, whether in the afternoon or at night, it is a good opportunity to make a layout.
The market is currently in the budding stage of a bull market. We don’t need to be discouraged because there is still plenty of time and opportunities, and the dream of getting rich is within reach.
When Bitcoin falls back, you can slowly copy it in batches.
Of course, the premise is that there should be no problems with the economy and no interest rate hikes in Japan’s macro economy. This can only be expected after the election.
As for what the copycats are paying attention to, the surge in the previous half month,
L1 and meme
Previously, Sui, Sei, Alt, Neiro, Wif, Omni, etc. on Binance had good growth. After all, there are strong market makers in these two tracks.
Every deep drop is a good opportunity to increase your holdings.
October to November is undoubtedly a month worth paying attention to in the future market. The following projects have achieved good performance in the future market and are worth paying close attention to! !
1. ETH ecosystem: Pay attention to Ethereum innovative projects such as ETHFI and SSV.
2. RWA section: ONDO is a representative project of asset digitization.
3. BTC second-layer network: STX, BTC scalability solution.
4. Meme section: popular meme coins such as BONK, WIF, PEPE, FLOKI, BOME, etc.
5. AI sector: ARKM, AR, NEAR, LPT, FET, AI-related projects are emerging.
6. SOL ecosystem: active projects such as SOL, JUP, RAY, and JTO.
7. Blockchain game sector: leading blockchain game projects such as YGG, GALA, and IMX.
8. Public chain sector: DOT, FTM, MATIC, SUI, SEI, APT and other public chains with future development potential.
Looking back at every bull market, there is always a wave of copycat bull market outbreaks, and this time the starting point is right now!
When most people lose confidence in the market, it is the time for those who firmly see the trend to ambush and lay out. Nowadays, the long-dormant altcoins in the market are waiting for the next outlet, and this wave of outlets will be in October and November. Seizing this wave of opportunities will not only help you regain confidence, but also be the key node for wealth turnaround in the next two years.
This time, maybe it's your chance!!
